Just like the American dollar, one Euro is the equivalent to 100 cents, however, coins are available for 1 Euro and 2 Euros.
Rome's currency is available in 5, 10, 20, 50, 100, 200 and 500 Euro notes. Traveler's checks are also available in Euro denominations.
The exchange rate for the Euro will vary daily, however, it is consistently worth more than the U.S. dollar, the Japanese yen or the Indian rupee.
Before the introduction of the Euro, the Italian lira (ITL) was the type of currency used in Rome. Bronze coins, called "as" and "sestertius" were used in Ancient Rome.
Though the Euro was introduced to the European nations on January 1, 1999, Italy did not replace the lira with the Euro until February 28, 2002.